Hutchison Port Holdings Trust

Hutchison Port Holdings Trust (SG) is a key player in the Inland water transportation services sector. The company has reported its greenhouse gas (GHG) emissions for recent years, demonstrating a commitment to transparency regarding its environmental impact.

Carbon Emissions Data:

• 2025: Total emissions for 2025 are approximately 452.5 million kg CO2e. This is comprised of approximately 98.2 million kg CO2e from Scope 1 emissions and approximately 104.4 million kg CO2e from Scope 2 emissions (market-based). Scope 3 emissions for 2025 totalled approximately 254.3 million kg CO2e, with purchased goods and services accounting for roughly 19.7 million kg CO2e and fuel and energy-related activities contributing around 31.2 million kg CO2e.
• 2024: In 2024, total emissions were approximately 438.6 million kg CO2e, with Scope 1 at about 105.2 million kg CO2e and Scope 2 (market-based) at approximately 98.2 million kg CO2e. Scope 3 emissions were approximately 234.6 million kg CO2e.
• 2023: Total emissions for 2023 were approximately 423.2 million kg CO2e, including Scope 1 emissions of about 95.6 million kg CO2e and Scope 2 (market-based) emissions of approximately 97.1 million kg CO2e. Scope 3 emissions were approximately 228.5 million kg CO2e.
• 2022: Total emissions in 2022 were approximately 741.9 million kg CO2e, with Scope 1 at about 283.9 million kg CO2e and Scope 2 (market-based) at approximately 174.3 million kg CO2e. Scope 3 emissions reached approximately 472.7 million kg CO2e.
• 2021: The company reported approximately 274.6 million kg CO2e for Scope 1 and 2 emissions combined. Scope 3 data was not disclosed for this year.
• 2020: Total emissions were approximately 287.3 million kg CO2e, with Scope 1 emissions at about 108.3 million kg CO2e and Scope 2 at approximately 178.9 million kg CO2e. Scope 3 data was not disclosed.
• 2019: Total emissions were approximately 270.5 million kg CO2e, comprising Scope 1 at about 108.6 million kg CO2e and Scope 2 at approximately 161.9 million kg CO2e. Scope 3 data was not disclosed.
• 2018: Total emissions were approximately 284.8 million kg CO2e, with Scope 1 at about 115.4 million kg CO2e and Scope 2 at approximately 169.4 million kg CO2e. Scope 3 data was not disclosed.
• 2017: Total emissions were approximately 286.5 million kg CO2e, including Scope 1 emissions of about 122.5 million kg CO2e and Scope 2 emissions of approximately 164.0 million kg CO2e. Scope 3 data was not disclosed.

Climate Commitments and Reduction Targets:

Hutchison Port Holdings Limited has established significant climate commitments, aligning with global efforts to mitigate climate change. These include:

• Net-Zero by 2050: The company has committed to achieving net-zero GHG emissions across its value chain by 2050, with a base year of 2021.
• Near-Term Reduction Targets (by 2033):
  • A reduction of absolute Scope 1 and 2 GHG emissions by 54.6% from the 2021 baseline.
  • A reduction of absolute Scope 3 GHG emissions by 32.5% from the 2021 baseline.
• Long-Term Reduction Targets (by 2050):
  • A reduction of absolute Scope 1 and 2 GHG emissions by 90% from the 2021 baseline.
  • A reduction of absolute Scope 3 GHG emissions by 90% from the 2021 baseline.
• Emissions Intensity Reduction: A pledge to reduce the emissions intensity of the Trust's overall operations by 5% by 2026, compared to the 2021 level.

These targets are validated by the Science Based Targets initiative (SBTi) as consistent with keeping warming to 1.5°C. Hutchison Port Holdings Limited is recognised as a BA1.5 member, indicating its commitment to science-based decarbonisation pathways. The company's climate commitments are not cascaded from a parent organisation, reflecting direct organisational responsibility.